SoftBank has secured a new $40 billion loan to support its $30 billion investment commitment in OpenAI, following the AI company's unprecedented$110 billion funding round last month, the Japanese conglomerate announced on Friday. Notably, the loan is unsecured and carries a 12-month term, requiring repayment or refinancing within the next year.

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This structure may indicate that lenders anticipate OpenAI's widely expected public offering will occur later this year, as reported by outlets such as CNBC. The financing is being provided by JPMorgan Chase, Goldman Sachs, and four Japanese banks.

Given that an OpenAI IPO would likely rank among the largest listings in history, should it proceed this year, it could provide SoftBank with the necessary liquidity to address this short-term debt. With this latest $30 billion investment, SoftBank's total commitment to the creator of ChatGPT now exceeds $60 billion.